In a market full of sh*t I'm trying to play this iH&S bottom for KMDBTC. Stop loss below the fractal on the left shoulder.
I'm watching this setup for PARTBTC: 12H: recent bull 10/20 sma cross and now retest is curling away. Bollinger Bands squeezing. Bullish tk cross as we approach the cloud. Declining volume. 6H: bullish kumo twist with bullish tk cross 4H: buy signal. lagging span above price, thus completing the ichimoku checklist. 2H: buy signal 1H: buy signal
Potential H&S forming on BNBBTC. Confirmed if breaks neckline shown, with distance from top of head to neckline marked in horizontal line. Volume profile hard to read but looks consistent with how it should be acting via John Murphy's TA book. Trade actions would be to buy on a rejection of the neckline, or if confirmed by falling through it at the target line....